PPP Loan information for The arc of jackson county, inc.

$198,360

The arc of jackson county, inc. was initially approved for PPP Loan of amount $198,360, the current approved amount is $198,360. The loan was approved on 04/15/2020 by The Cadence Bank reported 49 jobs and $198,360 was used to fund payroll.

The arc of jackson county, inc. is Existing or more than 2 years old

THE ARC OF JACKSON COUNTY, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE ARC OF JACKSON COUNTY, INC.

Borrower Address

180 Mack Morris Drive

Borrower City

Scottsboro

Borrower State

AL

Borrower Zip

35769-7200

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198360.00

Current Approval Amount

198360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsboro

Project County Name

JACKSON

Project State

AL

Project Zip

35769-7200

CD

AL-05

Jobs Reported

49

NAICS Code

813319

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198360.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

176690.40

Forgiveness Date

01/07/2021

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